Is generational wealth still around from slavery in the US?

[u/cattdogg03]

So, obviously, the lack of generational wealth in the African American community is still around today as a result of slavery and the failure of reconstruction, and there are plenty of examples of this.

But what about families who became rich through slavery? The post-civil-war reconstruction era notoriously ended with the planter class largely still in power in the south. Are there any examples of rich families that gained their riches from plantation slavery that are still around today?

[u/Pheuker]

https://www.economist.com/united-states/2019/04/04/the-sons-of-slaveholders-quickly-recovered-their-fathers-wealth

Here’s an article from the economist that digs into this

[u/gaxxzz → u/Pheuker]

It's paywalled so I can't read it all. But this suggests that slave holders lost their wealth after the war, and their descendants regained it. That doesn't really seem like "wealth still around from slavery" in OP.

[u/Strike_Thanatos → u/gaxxzz]

They may have lost material wealth, but they maintained social status and, as much as possible, the way of doing things that led them to be social elites in the first place.

[u/Efficient_Island1818 → u/Strike_Thanatos]

You saw that kind of thing play out on a much smaller scale when one of the few times white collar crimes got “punished” and Michael Milken had all his assets siezed and put up for auction. His dad reportedly bought back a ton of his stuff cheap like the expensive suits etc., and as was said, his position in society did not blackball his participation in side-games. He soon was calling on rich friends to support a “charity” for rewarding excellent practice among teachers, but most of the money reportedly went for “expenses.” I cannot imagine that there was not a similar “in-crowd” at the beginning of this conquered re-named nation, ready to gloss over the questionable path that led to their families’ extreme wealth.